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3929 Minnesota Avenue
St. Louis, MO 63118
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
2 Family in Dutchtown <p><span style="color: rgba(0, 0, 0, 1)">Solid brick 2 family recently renovated and looking lovely. Large 2 Bedroom 1 Bath units with nice sized eat in kitchens, hardwood floors, new applicances, storage units and laundry in the basement. Fenched in yard and off street parking in back. First floor tenant pays $900 and is ready for a rent increase. 2nd floor unit currently vacant for showings and would make a nice owner occupied unit, or rent for income. Market rents in the area range from $1095
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
